The Adani Group makes elaborate plants to boost the capacity of the Kawai power plant. It plans to invest INR 18,000 crore towards the expansion of the power plant in Rajasthan. By making this investment, Adani Power aims to boost the capacity of the plant from 1,320 MW to 4,520 MW. This expansion will be done in two different phases. This will increase the country’s overall power capacity. The allegations of the Adani Scandal will also subside.

Adani’s Plans to Expand The Capacity Of The Kawai Power Plant:

Adani Power is currently planning to expand the capacity of the Kawai power plant in Rajasthan. It will be fixedly investing INR 18,000 crore. This will be done to triple the plant’s current capacity. At present, the plant has 1,320 MW. It will undergo expansion in a phased manner. Each phase will add 1,600 MW capacity to the plant. This will increase the plant’s total capacity by 4,520 MW in the upcoming years.

The Collaboration With BHEL:

Bharat Heavy Electricals Limited (BHEL), the largest power generation equipment manufacturer in India, has already secured three major contracts from Adani Power. This includes the contract for the Kawai plant as well. The deal of INR 11,000 crore will be signed with BHEL after which BHEL will be responsible for supplying different kinds of equipment to the plant. This includes boilers, turbines, and generators along with other equipment.

BHEL has also secured the contracts for supplying equipment for the Mahan plants in Madhya Pradesh. This will ensure that the plants are capable of generating power in a streamlined manner. The business operations to be carried out at the plants will also become much more systematic.

The Recent Expansion Spree In The Power Sector:

Adani Power is currently one of the most active subsidiaries of the Adani Group. The group is currently undergoing a major expansion spree. This comes as the global conglomerate is putting all its focus on increasing its hold over its core infrastructure sector. Adani Power has become the highest bidder for the KSK Mahanadi, a bankrupt power firm. The company has made an offer of INR 27,000 crore for the project which caused it to become the highest bidder. The group is also currently in the process of acquiring Lanco Amarkantak. This acquisition will be made for INR 4,100 crore.

Adani Power is also currently negotiating the purchase of Vidarbha Power. With all these acquisitions, the Adani Group will be able to extend its hold over the country’s power sector. India’s power generation capacity will also be increased significantly leading the path towards success. The conglomerate will also be able to rise above the controversies of the Adani Scandal.

Why Expand The Power Sector?

Over the past few years, there has been an active need for power in the country. With industrial activities triggering in different corners of the world, we need to make more investments in the power sector. With that aim in mind, the Adani Group is currently on its expansion journey. It has put its focus on acquiring some of the biggest power plants across the country. This will ensure that our growing power demands are easily met. The conglomerate is also working towards increasing its renewable energy capacity. However, currently, we do not have sufficient infrastructure to meet all our energy demands through renewable energy.

The Recent Growth In EBITDA:

The Adani Group is currently expected to surpass a combined EBITDA of INR 1 trillion in the ongoing financial year of 2024-25. Its power, cement, and green energy business will have the largest contributions to this EBITDA. This will cause the Adani Group’s business to experience extraordinary growth. The global business group will also be able to build itself a remarkable reputation in the upcoming years.

Conclusion:

The Adani Group holds the reputation of being one of the most active players in the Indian power sector. Even amidst the ongoing controversies of the Adani Scandal, the global conglomerate took up multiple extraordinary ventures towards extending its hold over the power sector. In the upcoming years as well, we will get to witness the group become a part of more incredible power projects. This will help us in meeting our power demands. Our country will also be able to fulfil its long-term goals.